MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1998 - CHAPTER 434C MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1998 - LONG TITLE Empowering section (Repealed L.N. 86 of 2002) VerDate:31/05/2002 (Repealed L.N. 86 of 2002) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1998 - LONG TITLE Empowering section VerDate:12/06/1998 (Cap 434 section 19(1)) [12 June 1998] (L.N. 240 of 1998) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1998 - SECT 1 (Repealed L.N. 86 of 2002) VerDate:31/05/2002 (Repealed L.N. 86 of 2002) MERCHANT SHIPPING (LIMITATION OF SHIPOWNERS LIABILITY) ORDINANCE (RATE OF INTEREST) ORDER 1998 - SECT 1 Rate of interest for purposes of limitation fund VerDate:12/06/1998 The rate of interest to be applied for the purposes of paragraph 1 of Article 11 of the Convention on Limitation of Liability for Maritime Claims, 1976 (set out in Schedule 2 to the Ordinance) shall be 9.91%. (L.N. 240 of 1998)